transaction tax

Wolfgang Schäuble, Germany’s finance minister and combinatorial puzzle enthusiast, is what Europeans call a conservative. It appears that something has been lost in the translation, however, because in European, “conservative” means favoring conservatively taxing financial transactions until you can get everyone else to agree on taxing them less conservatively. Read more »

Angela Merkel and François Hollande would like to know why no one else does. Read more »

If Congress won’t act to curb derivatives speculation (and fund his own agency) with a transaction fee, Bart Chilton will. Read more »